Grain Markets and Other Stuff

Worst Soybean Sales in 20 Years + Joe/Matt Corn Yield Bet


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0:00 Corn Yield Bet
3:31 Export Sales
10:41 Flash Sales
11:50 Wet July
15:26 Cattle Selloff
20:11 US Dollar Rally

๐ŸŽฏ US Export Sales Slide While New Crop Corn Surges ๐Ÿš€ | Drought Relief & Cattle Market Shakeup ๐ŸŒฝ๐Ÿ’ฅ

๐Ÿ“‰ Grains in Motion!
US corn export sales dropped 47% from last week, landing at just 340,900mt (13 mil bushels). But donโ€™t panicโ€”new crop corn crushed expectations with 1.9mmt (74 mil bushels) in sales! ๐Ÿ™Œ
๐ŸŒฑ Soybean bulls got a boost too! Net sales hit 349,200mt, exceeding estimates and climbing from last week. New crop beans came in strong at 429,500mt (16 mil bushels).
๐ŸŒพ Wheat took a step backโ€”592,100mt in sales, down 17%, but still matching the 4-week average.

๐Ÿšจ Flash Sales Frenzy!
The USDA reported a wave of flash sales Thursday:
๐Ÿ‡จ๐Ÿ‡ด 100k mt corn to Colombia
๐Ÿ‡ฐ๐Ÿ‡ท 140k mt corn to South Korea
โ“ 136k mt corn to unknown destinations
๐Ÿ‡ณ๐Ÿ‡ฌ 100k mt of hard red winter wheat to Nigeria
๐Ÿ“ฆ All for 2025/26 delivery!

๐ŸŒง๏ธ Corn Belt Drought Fades
The latest USDA Drought Monitor brought good news:
โœ… Conditions improved in MN, IA, IL & IN
๐Ÿ“‰ Drought in the Corn Belt is now at just 2.4%โ€”down from 32% earlier this year!
๐Ÿ“Œ National Drought Stats:
โ€ข Corn: 7% ๐ŸŒฝ
โ€ข Soybeans: 5% ๐ŸŒฑ
โ€ข Winter Wheat: 30% โ„๏ธ
โ€ข Spring Wheat: 38% ๐ŸŒพ
โ€ข Cattle: 14% ๐Ÿ„

๐Ÿ“‰ Cattle Collapse or Just a Blip?
๐Ÿ‚ After new all-time highs, cattle futures got clobbered Thursdayโ€”feeder contracts hit limit down ๐Ÿ“‰
Some fear the top is in, but remember: this market has bounced back before. With tight supplies & strong beef demand, fundamentals still look solid ๐Ÿ’ช

๐Ÿ’ต Dollar Roars in July
The US Dollar Index posted a 5% gain in Julyโ€”its best month since Dec 2024! ๐Ÿ’น
โœ… Resilient economy
โœ… Hawkish Fed
โœ… Easing trade tensions
But beware: tariffs & political pressure could shake things up soon...

๐Ÿ‘ Like, subscribe & comment your take on export trends, cattle futures, or the dollarโ€™s next move!

#Corn #Soybeans #Wheat #Cattle #USDollar #DroughtUpdate #USDA #AgMarkets #GrainMarketing #FarmNews ๐ŸŒฝ๐Ÿ“‰๐Ÿ“ˆ

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Grain Markets and Other StuffBy Joe Vaclavik

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